The financial company of Nova Poshta, NovaPay, has opened up the opportunity for ordinary Ukrainians to buy their own bonds. Securities can already be purchased directly from the NovaPay application on iOS and Android.
NovaPay began teasing this opportunity long before the launch of the application – back in June 2023, with the first placement of public bonds for 100 ₴ million. And now the actual launch of the new investment instrument has taken place. The issuer of the bonds is NovaPay Credit LLC, which is part of NovaPay. The bonds themselves are an alternative to the already familiar deposits and war bonds, which became the main investment instruments of Ukrainians in wartime conditions, and a new opportunity to diversify the investment portfolio.
Key conditions and features of NovaPay bonds
Entry threshold (minimum investment amount) – 1000 UAH. Profitability – up to 18% per annum (depending on the term). Repayment period is from 1 to 12 months.
How to buy bonds at NovaPay
download NovaPay (iOS or Android) and register (registration occurs through the “Diya” application); on the main screen, select the “Savings” section and click “Buy bonds”; select conditions: term and amount of investment; confirm the application, sign the documents using “Diya.Pidpisu” and pay for the bonds. After completing the purchase process, a corresponding push notification will be sent to your smartphone.
There is also an opportunity to buy NovaPay bonds with the help of a cashier operator at a Nova Poshta branch.
The calculated amount of the predicted payment will be shown immediately in the application. Payment of income will occur after the end of the term on the card – similar to the payment of interest on deposits. Please note that interest on NovaPay bonds is subject to tax (18% personal income tax and 1.5% military tax), unlike government bonds, which are not taxed at all.
In 2023, NovaPay placed three issues of bonds (series A, B and C) of UAH 100 million each, and also registered three more issues – series of bonds D, E and F (also of UAH 100 million each). It became the first private company in Ukraine to issue corporate bonds with a public offering during wartime. Currently in circulation are bonds of series A, B and C, in total they were purchased in the amount of UAH 141 million, and the number of clients is approaching 100 people.
The NovaPay mobile application was launched at the end of 2023 on Android, and a month ago the company expanded its availability on iOS.
As for NovaPay, it is a financial “daughter” of the large NOVA family, which, along with others, includes Nova Poshta. According to the NBU, the company occupies 35% of the Ukrainian money transfer market. Also, NovaPay is already servicing 2.6 million transactions per day and is actively developing its own network of POS terminals, targeting 10 thousand of its own terminals by 2025. Read more about the current structure of one of the most successful Ukrainian holdings here.
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